Shohoz company logo

The profile is currenly unclaimed by the seller. All information is provided by CB Insights.

shohoz.com

Founded Year

2013

Stage

Series B | Alive

Total Raised

$15M

Mosaic Score

+50 points in the past 30 days

What is a Mosaic Score?
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

About Shohoz

Shohoz.com is an online travel service provider that aims to make long distance travel in Bangladesh easy and convenient. Shohoz lets consumers book car and motorbike rides for their daily commute, reserve bus and ferry seats, and buy movie tickets from its website and app.

Shohoz Headquarter Location

Dhaka, 1213,

Bangladesh

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Research containing Shohoz

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Shohoz in 1 CB Insights research brief, most recently on Feb 11, 2021.

Expert Collections containing Shohoz

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Shohoz is included in 2 Expert Collections, including On-Demand.

O

On-Demand

1,226 items

T

Travel Technology (Travel Tech)

2,147 items

The travel tech collection includes companies offering tech-enabled services and products for tourists and travel players (hotels, airlines, airports, cruises, etc.). It excludes financial services and micro-mobility solutions.

Latest Shohoz News

OP-ED: Why business failures are good...

Nov 6, 2021

Bigstock Yes, it’s not fun for the people involved that Shohoz is closing down one of its business lines. But it is the actual point of our method of economic structure We could take it as sad news that Shohoz is closing down a part of its business. It's certainly sad for those who are losing their jobs as a result. However, we should also celebrate it as a sign of vitality. Really, this is a good thing. Think of what our basic economic problem is. There are many things that people want and or desire. And there are things that people would want or desire if only they knew they could have them. It is also true that there are many things which we can create. Why should cars be boring and only have four wheels? Why not five, or seven? OK, that's a fairly stupid idea, but you do get the basic thrust – it is possible to make many more different things than we actually do make. Further, what we can make is constantly changing. Technology changes, and our ability to produce different things advances almost continuously. Consumer tastes also change, partly because fashion does, but also because technologies also change. There was little point in mobile phone cases before there were mobile phones and now nearly everyone has one of each. We've therefore got an ever-expanding universe of things that we can make. We've also the shifting sands of what people desire. Finally, we've only a limited set of resources. It really isn't possible to have it all –choices have to be made. So what should we be making? One idea is that we could get all the clever people into a few rooms and they could decide for us. Plan things, weigh up what is good for us, insist upon what we might be allowed to have. One problem with this is that it doesn't work very well. It takes a long time, is always highjacked by those with strange ideas about what we might desire and so on. The bigger problem is that the experts won't in fact know what it is that we want. Such planning systems just never manage to take account of consumer desires. The other way to do it is just to allow anyone to do whatever they like. We might have a few restrictions on things you can't do – don't pollute, don't poison the customers, these sorts of broad and general rules. But after those, well, if you think it will work then why not go ahead and try it? If we add in some system of reward for those who guess right and do make something people like to have then maybe we've got a system there. Which is what a capitalist and market economy is. Capitalism The capitalism provides the incentive to try making new things. The market really just means that people are free to try things out, see if they work, see if they produce those rewards. The result is that the market system chews through those possible things that can be done faster than any other alternative. More things are tried out in less time. But that's not, in fact, what really makes the system work. It isn't that “markets are always right”, it's entirely the opposite. It's that markets find out they're wrong faster than any other system. It's the failures in markets that make the system so efficient. Because the failure comes early. No one scales up and wastes large resources on a product no one wants to buy. Only the things that are having at least some success achieve large-scale production runs. All the failures – and there are a lot of them – get closed down early on. So we waste fewer resources on making what no one wants, while still, at the same time, cycling through what people actually do want. Yes, it’s not fun for the people involved that Shohoz is closing down one of its business lines. But it is the actual point of our method of economic structure. We want people to try things out because we never know quite what will work. We also want people to close down those things that aren't working. And to close them down when they're still pretty small in scale. That is, the reason this capitalist markets thing works is because it allows experimentation. A failed experiment is not actually a failure, for “No, that's not a good idea” is still information that we didn't have before. One last thing. If none of the experiments undertaken are failures, then we're clearly leaving some ideas untested. Which means we're missing opportunities to make things that people desire, and that's just a waste. Business failures aren't fun for anyone going through them. But they are what makes the system work as a whole, over time.

Shohoz Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

Shohoz Rank

  • When was Shohoz founded?

    Shohoz was founded in 2013.

  • Where is Shohoz's headquarters?

    Shohoz's headquarters is located at Dhaka.

  • What is Shohoz's latest funding round?

    Shohoz's latest funding round is Series B.

  • How much did Shohoz raise?

    Shohoz raised a total of $15M.

  • Who are the investors of Shohoz?

    Investors of Shohoz include Golden Gate Ventures, Partech Partners, Vostok New Ventures, Heritas Capital, Cypress Capital and 7 more.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.